Kuramo Capital Management, a Sub-Saharan Africa (SSA) focused investment management firm has revealed plans to invest $150 million (Ksh. 22 billion) in supporting female-led startups across Africa over the next 10 years.

The investment will be done under the firm’s Moremi Platform, an initiative to empower the next generation of African women enterprises and promote gender-equitable fund management.

The Moremi platform is a three-pillar initiative involving an accelerator program, a warehousing/lending facility and a Fund of funds.

The firm has unveiled the first cohort of the accelerator program, which also serves as a mentorship, capacity building and technical assistance platform, targeting 40 female entrepreneurs and fund managers annually. Read more.

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